OTCPK:CNZCF - Post by User
Comment by
dart321on Aug 09, 2016 2:17pm
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Post# 25123422
RE:The end of summer
RE:The end of summerLol, you know how venture investors buy, it's called herd mentality. They sit on the sidlines until the volume starts then they jump in. It's why most never make money. The rich buy when everyone else is watching and sell to the ones that are buying when everyone is. I had a few calls this morning asking me if it was going lower so they could buy at a lower price. I don't know if it's going lower. What I do know is it looks like there are three sellers with large amounts of paper and if I am right when they are sold out there will likely be nothing in the way. I was also asked how much time they have to buy. My answer was look at their news releases. To me it looks like news of large contracts could happen at anytime. Each and everyone has to make their own mind up on when to buy or accuulate and when to sell. I bought more this morning, but that is me. I was also ask when I plan to sell? I said that will depend on contractual news releases. If I see a stream of large contracts then I think it would be unwise to sell until they slow down, again that's just me.